Telecoms.com

malware

Mobile operators and their will lose millions of dollars to fraudsters as rogue surveillance companies, confidence tricksters and identity thieves increasingly exploit the weaknesses of a decades old telecoms protocol, its claimed.

A report by Alcatel-Lucent’s Motive Security Labs (formerly Kindsight Security Labs) has estimated some 16 million mobile devices globally were infected by malware in 2014, with network attacks also on the rise putting both personal and business data at risk.

Nokia has opened a mobile broadband security centre in Berlin, which the Finnish infrastructure specialist said is designed as a collaboration and knowledge sharing hub for operators, partners, governments and academic institutions.

News of an extremely advanced malware attack on Belgacom, members of the European Union and a well-known Belgian cryptographer, has been downplayed by stakeholders in the information security (infosec) industry.

A report by Alcatel-Lucent’s Kindsight Security Labs shows that mobile infections are growing at an alarming rate, with an increase of 17% in the first half of 2014 compared to a 20% increase for the whole of 2013.

US IT security software specialist Kaspersky Lab has announced the discovery of what it says is the first Trojan virus designed to run on the Google-backed Android operating system. Once active, the virus begins to send SMS messages to premium rate numbers, with the charges passed back to the user.

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